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Asia OPEC News Monitoring

  • Published on 21:01 GMT

    Saudi oil prices fall to four-month low after OPEC+ increases output

    Listen to article Saudi Arabia, the world’s largest oil exporter, has lowered crude oil prices for Asian buyers in May to their lowest level in four months. The price reduction follows OPEC+ oil group's unexpected decision to boost supply. State oil …

    Source: The Express Tribune - Uncategorized
  • Published on 11:37 GMT

    Saudi Arabia cuts oil prices to Asia to four-month low

    SINGAPORE (Reuters) - Saudi Arabia, the world's top oil exporter, on Sunday lowered crude oil prices for Asian buyers in May to their lowest in four months, after a shock decision by the OPEC+ oil group to increase supply on Thursday. State oil company …

    Source: Yahoo Finance - Label Pending
  • Published on 11:49 GMT

    US tariffs have minimal impact on Sabah's economy, says ex-CM

    KOTA KINABALU: Sabah’s economy is only minimally impacted by the 24% tariffs imposed on Malaysian exports to the United States, according to former chief minister Datuk Seri Yong Teck Lee. The POIC Sabah Sdn Bhd chairman also said that Sabah’s direct …

    Source: The Malaysian Star - Uncategorized
  • Published on Apr 3, 2025

    FirstFT: Donald Trump’s tariff blitz hits ‘Factory Asia’ hard

    This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and happy …

    Source: The Financial Times - Neutral
  • Published on Apr 4, 2025

    Asian Stocks Extend Global Rout After Trump's Shock Tariff Blitz

    Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears. The US president's harsher-than-expected "Liberation Day…

    Source: International Business Times - Label Pending
  • Published on Apr 4, 2025

    Asian shares fall after worst Wall Street day since 2020

    Investors braced for further pain across global markets as US stocks and the dollar suffered their worst day in years after President Donald Trump’s latest tariff measures sparked a global flight to haven assets. Shares in Australia and Japan fell at the …

    Source: The Economic Times - Label Pending
  • Published on Apr 2, 2025

    Global Crude Oil Shipments Rise Ahead of OPEC+ Supply Boost

    Global seaborne crude oil flows rose in March from February, just ahead of the supply increase coming from OPEC+ in April, oil flows tracking data by Bloomberg showed on Wednesday. Global crude exports averaged 39.92 million barrels per day (bpd) in March, …

    Source: Oil Price - Neutral
  • Published on Apr 4, 2025

    Wam, bam, thank you, ma’am

    April 4, 2025 Liberation Day, Wednesday, April 2, brought not one but two body blows to the offshore industry. First came the announcement of tariffs on virtually every commodity and goods used in the industry. That blow was followed by OPEC+ members …

    Source: WorkBoat - Neutral
  • Published on Apr 4, 2025

    Sri Lanka and global trade shock

    Sri Lanka must undertake a crash course to build up the administrative machinery necessary to enact a real industrial policy capable of channelling investment into strategic economic sectors   We are entering a dangerous period in which direct military …

    Source: Daily FT - Label Pending
  • Published on Apr 4, 2025

    Futures Pointing To Extended Sell-Off On Wall Street

    The major U.S. index futures are currently pointing to a sharply lower open on Friday, with stocks likely to extend the nosedive seen in the previous session. Ongoing concerns about a global trade war are likely to weigh on Wall Street after China …

    Source: RTTNews - Neutral
  • Published on Apr 3, 2025

    USD plunges as recession fears outweigh, and currency not seen as a safe-haven

    President Trump’s reciprocal tariff announcement on Liberation Day, that will lift average US tariff rates back to pre-World War I levels, was much worse than anticipated, rocking financial markets. US assets have underperformed, with a near 4% plunge in …

    Source: interest.co.nz - Neutral
  • Published on 00:20 GMT

    Taiwan Invested $165 Billion. Trump Hit Back With Tariffs.

    Taiwan may have thought that it had bought its way out of hefty U.S. tariffs with last month’s announcement of a $100-billion investment in chip factories in the United States. Oh, was Taiwan wrong. As President Donald Trump’s tariff plan dropped on …

    Source: Oil Price - Neutral
  • Published on Apr 5, 2025

    Trump tariff tsunami sinks regional shares

    RECAP: Asian shares fell to their lowest level in two months yesterday, extending a global selloff in stocks after US President Donald Trump's latest tariff measures drove investors into safe-haven assets. The Thai index plunged 3.15% ahead of the …

    Source: Bangkok Post - Center-right
  • Published on Apr 5, 2025

    Dubai crude futures traded volume on TOCOM rebounds in March from record low

    The volume of Dubai crude oil futures contracts traded on the Tokyo Commodity Exchange rose 3.95% month over month to 92,781 lots in March, the latest TOCOM data showed, plunging to a record low since historical data available up to June 2016. However, the …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 4, 2025

    The Spectre of Trade Wars Bursts the Copper Bubble

    Numbers Report – April 04, 2025 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation …

    Source: Oil Price - Neutral
  • Published on Apr 4, 2025

    Stocks extend losses, track global markets on trade war fears

    Philippine stocks extended their losses Friday, as the global markets decline amid fears of trade war following implementation of reciprocal tariff by United States against its trading partners. The benchmark Philippine Stock Exchange index declined 61.54 …

    Source: Manila Standard - Pro-Government
  • Published on Apr 4, 2025

    FTSE 100 Live: Freaky Friday continues with UK blue-chips tumbling...

    FTSE 100 sinks almost 400 points to  8,076.15 Wall Street to plunge for second day China imposes 34% tariff on US goods NFPs beat forecasts Pharma a safe haven? Don't bet on it 3.33pm: Bloodbath continues So, we took another lurch down with the FTSE …

    Source: Proactive UK - Neutral
  • Published on Apr 4, 2025

    Tit-for-Tat Trade War Pivots to China as Beijing Hits Back at U.S. Tariffs

    Updates: Policy/News/Markets, April 4, 2025 — Trump doubles down on tariffs despite global fallout: “My policies will never change.” Amid mounting global economic strain from his sweeping tariffs, President Donald Trump reaffirmed his hardline …

    Source: Profarmer - Label Pending
  • Published on Apr 4, 2025

    Everything Is Crashing After China Retaliates With 34% Tariffs On US Goods

    For a few hours it seemed like we could even stabilize, if only a bit, ahead of today's scheduled main event: the March jobs report at 8:30am ET. And then all hell broke loose at 6:08am when this Bloomberg headline hit: *CHINA ANNOUNCES EXTRA 34% …

    Source: Zero Hedge - Label Pending

01 days 04:20:51

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